Check out the $$$ Property History on this home

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  • DBS.US
    Geo Cities
    • Aug 2003
    • 11843

    #1

    Check out the $$$ Property History on this home

    1236 North FAIRFAX Ave
    West Hollywood, CA 90046

    http://www.redfin.com/CA/West-Hollyw...6/home/7106315
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  • CyberHustler
    Masterbaiter
    • Feb 2006
    • 28729

    #2
    Aug 17, 2005 Sold (Public Records) $1,350,000
    Aug 31, 2011 Sold (MLS) (Closed) $441,500

    Somebody mad...
    “If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”

    Comment

    • sweetcuties
      Confirmed User
      • Feb 2002
      • 5859

      #3
      No wonder why the guy walked away... there's many properties out there like that

      Comment

      • ottopottomouse
        She is ugly, bad luck.
        • Jan 2010
        • 13177

        #4
        Looks a shithole from outside, whoever bought it in 05 was nuts.
        ↑ see post ↑
        13101

        Comment

        • 96ukssob
          So Fucking Banananananas
          • Mar 2003
          • 12991

          #5
          thats happening all over. so glad i walked away from a condo in Santa Monica I was going to buy in 2007. Asking price then was $680,000 and saw a few now selling for high $400's
          Email: Clicky on Me

          Comment

          • Nydahl
            Confirmed User
            • Sep 2002
            • 6655

            #6
            real estate down all around the europe too but still pretty far from what happens in US.
            Have talked with my friends by the lunch time today about possible buying some flat in Las Vegas for 30K ? - jesus its hard to believe - even if you use that just for few weeks in a year to play a poker bit or something.
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            Comment

            • L-Pink
              working on my tan
              • Mar 2005
              • 39151

              #7
              Perfect house for "Jewish lightning" to hit.

              .

              Comment

              • CyberHustler
                Masterbaiter
                • Feb 2006
                • 28729

                #8
                Originally posted by L-Pink
                Perfect house for "Jewish lightning" to hit.

                .
                “If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”

                Comment

                • V_RocKs
                  Damn Right I Kiss Ass!
                  • Nov 2003
                  • 32449

                  #9
                  1971 - $28,500

                  Comment

                  • JamesGw
                    Confirmed User
                    • Apr 2011
                    • 1237

                    #10
                    That's really not uncommon at all. It's pretty harrowing, really.
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                    Comment

                    • IllTestYourGirls
                      Ah My Balls
                      • Feb 2007
                      • 14311

                      #11
                      That is the way it is everywhere. Ive been looking to buy. I see houses start on the market around $500k and creep all the way down to $300k and either they sell or pull them off. Right now I am looking at one that started at $375k and the asking price is now only $199k. Almost the best time to buy.

                      Comment

                      • RaiderCash_Dominik
                        Confirmed User
                        • Jan 2010
                        • 1145

                        #12
                        Good time for buyers.

                        Comment

                        • garce
                          Confirmed User
                          • Oct 2001
                          • 7103

                          #13
                          Originally posted by IllTestYourGirls
                          That is the way it is everywhere. Ive been looking to buy. I see houses start on the market around $500k and creep all the way down to $300k and either they sell or pull them off. Right now I am looking at one that started at $375k and the asking price is now only $199k. Almost the best time to buy.
                          Not up here, sad to say.

                          Comment

                          • Jon Oso
                            Confirmed User
                            • Feb 2005
                            • 2241

                            #14
                            Originally posted by RaiderCash_Dominik
                            Good time for buyers.
                            Generally speaking, yes. I bought a house 2 months ago and only found ONE house out of over 100 properties in my price range that wasn't a total pile of shit.

                            Most of the houses were gutted, wiring ripped out of walls, or were gorgeous remodels in REALLY shitty neighborhoods.
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                            • DBS.US
                              Geo Cities
                              • Aug 2003
                              • 11843

                              #15

                              Priced at $441,599 I'll pass on this one.
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                              Comment

                              • L-Pink
                                working on my tan
                                • Mar 2005
                                • 39151

                                #16
                                Originally posted by DBS.US

                                Priced at $441,599 I'll pass on this one.
                                That's a $75,000 home where I come from.

                                .

                                Comment

                                • Kenny B!
                                  Confirmed Abuser
                                  • Jun 2003
                                  • 5718

                                  #17
                                  Amazing it's still worth so much for a dump like that, go to Phoenix and you'll be living like a king for that money
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                                  • punker barbie
                                    Meow Meow!!!
                                    • Nov 2003
                                    • 10232

                                    #18
                                    Great location and thats about it. Feel bad for the guy who bought it in 05.

                                    ps) LOVE redfins app.
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                                    Comment

                                    • sweetcuties
                                      Confirmed User
                                      • Feb 2002
                                      • 5859

                                      #19
                                      Originally posted by DBS.US

                                      Priced at $441,599 I'll pass on this one.
                                      Shit, that's 25-50k where I'm at

                                      Comment

                                      • leedsfan
                                        leedsfan
                                        • Jul 2002
                                        • 2564

                                        #20
                                        Originally posted by sweetcuties
                                        Shit, that's 25-50k where I'm at
                                        you must live in hell....





































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                                        Comment

                                        • d-null
                                          . . .
                                          • Apr 2007
                                          • 13724

                                          #21
                                          Originally posted by DBS.US

                                          Priced at $441,599 I'll pass on this one.
                                          that place in Vancouver would be over $500,000

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                                          • My Pimp
                                            Confirmed User
                                            • May 2003
                                            • 1201

                                            #22
                                            It is not worth 1,3 million. They paid too much.

                                            Comment

                                            • ~Ray
                                              visit hardlinks.org
                                              • Jun 2003
                                              • 18361

                                              #23
                                              check out prices in Vegas for almost new houses. we are 47th worst state, but have really nice homes sitting vacant.

                                              http://www.redfin.com/homes-for-sale...e=6&sf=1,2&v=6




                                              example:
                                              http://www.redfin.com/NV/Las-Vegas/3.../home/29104524
                                              Last edited by ~Ray; 09-06-2011, 04:51 PM.
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                                              • _Richard_
                                                Too lazy to set a custom title
                                                • Oct 2006
                                                • 30991

                                                #24
                                                Originally posted by d-null
                                                that place in Vancouver would be over $500,000

                                                Comment

                                                • GTS Mark
                                                  Vrume Mark
                                                  • Jan 2001
                                                  • 20912

                                                  #25
                                                  Christ that's just terrible!

                                                  Comment

                                                  • CYF
                                                    Coupon Guru
                                                    • Mar 2009
                                                    • 10973

                                                    #26
                                                    Originally posted by DBS.US

                                                    Priced at $441,599 I'll pass on this one.
                                                    Originally posted by L-Pink
                                                    That's a $75,000 home where I come from.

                                                    .
                                                    Originally posted by sweetcuties
                                                    Shit, that's 25-50k where I'm at
                                                    That's like 80-100k here in the Minneapolis metro area.
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                                                    • directfiesta
                                                      Too lazy to set a custom title
                                                      • Oct 2002
                                                      • 30135

                                                      #27
                                                      Originally posted by Kenny B!
                                                      Amazing it's still worth so much for a dump like that, go to Phoenix and you'll be living like a king for that money
                                                      Looks like a drive by hood ....

                                                      Bullets must fly ...
                                                      I know that Asspimple is stoopid ... As he says, it is a FACT !

                                                      But I can't figure out how he can breathe or type , at the same time ....

                                                      Comment

                                                      • AdultKing
                                                        Raise Your Weapon
                                                        • Jun 2003
                                                        • 15601

                                                        #28



                                                        Small single level terrace cottage 3km from the Melbourne CBD.
                                                        1 Bedroom plus study or small second bedroom.
                                                        Laneway access to roller door revealing a car sized rear yard.
                                                        No on street parking without a permit.

                                                        $822,000.

                                                        It's not going to go down in price any time soon either.

                                                        Comment

                                                        • marcop
                                                          Confirmed User
                                                          • Nov 2005
                                                          • 4150

                                                          #29
                                                          Originally posted by IllTestYourGirls
                                                          Almost the best time to buy.
                                                          The best time to buy is when the market starts going up again--it may keep declining in your area for months or years to come, and you're not a genius so you can't tell exactly when your local market will turn around. Would you buy a stock if you thought it would decline in value for six/nine/twelve/twenty-four months? You'd be an idiot if you did--so why buy an illiquid asset like real estate with under similar conditions?

                                                          Comment

                                                          • Adam_M
                                                            Confirmed User
                                                            • Mar 2006
                                                            • 3800

                                                            #30
                                                            Sold twice in 1 month for $950, and $1,350k. More to the story I think
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                                                            • Matt 26z
                                                              So Fucking Banned
                                                              • Apr 2002
                                                              • 18481

                                                              #31
                                                              What I don't understand is how people have $500k or $1m to spend on these homes that are dumps, yet don't invest in cleaning them up.

                                                              Comment

                                                              • Mutt
                                                                Too lazy to set a custom title
                                                                • Sep 2002
                                                                • 34431

                                                                #32
                                                                must be a desirable area of LA for a dump like that to have ever sold for 1M. probably bought by speculator/developer who was going to tear it down - hope so anyway, just can't imagine anybody who can afford a million for a house deciding that was the house for them.

                                                                it's still a dump at 440K - in most cities that house is 80-150K at most.
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                                                                Comment

                                                                • crockett
                                                                  in a van by the river
                                                                  • May 2003
                                                                  • 76818

                                                                  #33
                                                                  who would pay 400k for that dump let alone the 1,3 mil.
                                                                  In November, you can vote for America's next president or its first dictator.

                                                                  Comment

                                                                  • Mr Pheer
                                                                    So Fucking Banned
                                                                    • Dec 2002
                                                                    • 22083

                                                                    #34
                                                                    Originally posted by ~Ray
                                                                    check out prices in Vegas for almost new houses. we are 47th worst state, but have really nice homes sitting vacant.

                                                                    http://www.redfin.com/homes-for-sale...e=6&sf=1,2&v=6




                                                                    example:
                                                                    http://www.redfin.com/NV/Las-Vegas/3.../home/29104524
                                                                    Somebody could have scored this one right across the street from my house in Vegas.

                                                                    http://www.redfin.com/NV/Las-Vegas/7.../home/29146009

                                                                    I'm glad I bought my place there before the real estate shit happened, I'm still doing ok with it.

                                                                    Comment

                                                                    • BareBacked
                                                                      Confirmed User
                                                                      • Feb 2007
                                                                      • 3685

                                                                      #35
                                                                      Originally posted by Mr Pheer
                                                                      Somebody could have scored this one right across the street from my house in Vegas.

                                                                      http://www.redfin.com/NV/Las-Vegas/7.../home/29146009

                                                                      I'm glad I bought my place there before the real estate shit happened, I'm still doing ok with it.

                                                                      Dam what is that 1/3 of what it was worth at the peak?
                                                                      NEW SITE PAYING $30 for a $1 TRIAL

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                                                                      • will76
                                                                        Making $$$$ w/ ClickCash
                                                                        • May 2003
                                                                        • 18037

                                                                        #36
                                                                        Originally posted by ottopottomouse
                                                                        Looks a shithole from outside, whoever bought it in 05 was nuts.
                                                                        The people who always buy at the height of a bubble always get screwed. That is no different in real-estate as it is in stocks, gold or anything else. The last person before the bubble popped way over paid, then as you can see he stopped paying the note at some point and the bank finally sold it for less than 1/2 5 years later. I am sure the bank took a big hit too as it is very unlikely the person put down 20% much less 50%+

                                                                        Everyone saying it's a dump.... The property does look like a shit hole but most of it's value is very likely from it being commercial property and the land is worth a lot more than the actual building, which looks like a good candidate for a tear down.
                                                                        Last edited by will76; 09-07-2011, 07:57 AM.
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                                                                        • ShellyCrash
                                                                          Confirmed User
                                                                          • Jun 2004
                                                                          • 6708

                                                                          #37
                                                                          I think we've hit the bottom, no? Or at least it seems that way looking at prices here in Tampa Bay. It's come up a little bit from what I've seen so IMO seems like a good time to buy but still an awful time to sell.

                                                                          The foreclosures are pretty wild. There are some homes in some really nice neighborhoods at some amazing prices around here but they've been ripped up and neglected so bad I wouldn't know where to start.

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                                                                          • Theo
                                                                            HAL 9000
                                                                            • May 2001
                                                                            • 34515

                                                                            #38
                                                                            far from bottom

                                                                            Comment

                                                                            • L-Pink
                                                                              working on my tan
                                                                              • Mar 2005
                                                                              • 39151

                                                                              #39
                                                                              Originally posted by ShellyCrash
                                                                              I think we've hit the bottom, no? Or at least it seems that way looking at prices here in Tampa Bay. It's come up a little bit from what I've seen so IMO seems like a good time to buy but still an awful time to sell.

                                                                              The foreclosures are pretty wild. There are some homes in some really nice neighborhoods at some amazing prices around here but they've been ripped up and neglected so bad I wouldn't know where to start.
                                                                              And a couple summers closed up without air conditioning means severe mold problems.

                                                                              .

                                                                              Comment

                                                                              • camperjohn64
                                                                                Confirmed User
                                                                                • Feb 2005
                                                                                • 1531

                                                                                #40
                                                                                Originally posted by Adam_M
                                                                                Sold twice in 1 month for $950, and $1,350k. More to the story I think
                                                                                Read again: Sold twice on SAME DAY. Sounds like there is some shannigans going on with someone getting $400k from the bank and running to Europe.
                                                                                www.gimmiegirlproductions.com

                                                                                Comment

                                                                                • camperjohn64
                                                                                  Confirmed User
                                                                                  • Feb 2005
                                                                                  • 1531

                                                                                  #41
                                                                                  Originally posted by ~Ray
                                                                                  check out prices in Vegas for almost new houses. we are 47th worst state, but have really nice homes sitting vacant.

                                                                                  http://www.redfin.com/homes-for-sale...e=6&sf=1,2&v=6




                                                                                  example:
                                                                                  http://www.redfin.com/NV/Las-Vegas/3.../home/29104524
                                                                                  I love living in San Diego - but MAN those prices are great. And the houses are not much smaller than what I have now.

                                                                                  I got my house at the absolute bottom of the bubble in 2001. Even at the current house prices I have made my money back multiple times over.
                                                                                  www.gimmiegirlproductions.com

                                                                                  Comment

                                                                                  • GatorB
                                                                                    The Demon & 12clicks
                                                                                    • Oct 2001
                                                                                    • 18208

                                                                                    #42
                                                                                    Originally posted by sweetcuties
                                                                                    Shit, that's 25-50k where I'm at
                                                                                    Same here.

                                                                                    Comment

                                                                                    • Si
                                                                                      Such Fun!
                                                                                      • Feb 2008
                                                                                      • 13900

                                                                                      #43
                                                                                      Places in Vegas look like some great buys at the moment.

                                                                                      Comment

                                                                                      • L-Pink
                                                                                        working on my tan
                                                                                        • Mar 2005
                                                                                        • 39151

                                                                                        #44
                                                                                        Originally posted by GatorB
                                                                                        Same here.
                                                                                        I read that then noticed your location.

                                                                                        .

                                                                                        Comment

                                                                                        • cherrylula
                                                                                          lol
                                                                                          • Jan 2002
                                                                                          • 15969

                                                                                          #45
                                                                                          geez what a dump!! lol

                                                                                          Comment

                                                                                          • Phoenix
                                                                                            BACON BACON BACON
                                                                                            • Nov 2002
                                                                                            • 35475

                                                                                            #46
                                                                                            thats a 300-400k house up here

                                                                                            if it happens to be in an area with 1.5 2 million dollar homes around it

                                                                                            then maybe 600 or so...its not very big, and looks like crap to boot
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                                                                                            • ShellyCrash
                                                                                              Confirmed User
                                                                                              • Jun 2004
                                                                                              • 6708

                                                                                              #47
                                                                                              Originally posted by L-Pink
                                                                                              And a couple summers closed up without air conditioning means severe mold problems.

                                                                                              .
                                                                                              I didn't even think of that but now that you mention it I'm sure.

                                                                                              There's one not to far from me that's really a shame. A really nice house in a gated community, or at least it used to be a really nice house. I know people that used to live across the street from it. This house was the jewel of the neighborhood, huge portico entrance, multiple bars, and one of the only homes I've ever seen with a sand bottom pool. Just felt very lux.

                                                                                              It's been vacant since 09, since foreclosure it's shuffled hands a few times and is now owned by bank of america. The pool has wood over it, so i can only imagine what lies beneath. Its almost heartbreaking to see how much its gone to shit.

                                                                                              Originally posted by Jesus H Christ
                                                                                              Noway, it's going to get much worse. There are millions of empty homes right now, plus another million in the foreclosure process. Also, this time next year the unemployment benefits for 6 million people won't/can't be extended causing even more foreclosures.

                                                                                              There will be an enormous amount of homes auctioned off next to nothing as banks try to recover what they can. I'd be willing to bet homes prices will fall another 25% at least, in the next 12 months as lenders practically give low interest home loans away to qualified home buyers.

                                                                                              When it breaks, a true bottom will be apparent as people/companies buy real assets causing a rally. If you have liquid, I'd go long and buy home Depot Stock right now, because when the rally hit's, lot's of contractors and new homeowners will be buying home improvement supplies do to homes sitting vacant for so long.
                                                                                              Good point on Home Depot. I hope the bottom doesn't drop again.

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                                                                                              • seeric
                                                                                                ..........
                                                                                                • Aug 2004
                                                                                                • 41917

                                                                                                #48
                                                                                                If you're buying a house now, you're giving away money. We are far from the bottom.

                                                                                                Comment

                                                                                                • flashfire
                                                                                                  ICQ 1 6 7 8 5 3 4 9 2
                                                                                                  • Feb 2003
                                                                                                  • 13098

                                                                                                  #49
                                                                                                  Originally posted by seeric
                                                                                                  If you're buying a house now, you're giving away money. We are far from the bottom.
                                                                                                  depends where you live

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